Debates over exchange rates and financial policies often spill over into the trade policy

sphere.

At this session of FMG, we invited Mark Sobel, US Chairman at OMFIF; Petros C. Mavroidis, Professor of Law at Columbia Law School, and Hector Torres, former Executive Director at the IMF. Brad McDonald, former Deputy of Trade Policy at the external sector Division of IMF moderated this session.

The panel and participants discussed on the current exchange rate juncture and the factors behind it, and how governments have tried to deal with the trade implications of exchange rate movements, "under valuation," and "manipulation."

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